FUSB Overview

Share Repurchase Program Expansion: First US Bancshares, Inc. has expanded its share repurchase program, authorizing an additional 1,000,000 shares for repurchase and extending the program's expiration to December 31, 2026.

Current Repurchase Status: The company has repurchased 1,389,972 shares to date, with 852,813 shares remaining available for repurchase under the program.

Regulatory Compliance: Share repurchases may occur through various methods, including open market transactions, and must comply with applicable regulatory requirements.

Forward-Looking Statements: The press release includes forward-looking statements that involve risks and uncertainties, which could affect the company's future performance and financial condition.

Dividend Announcement: First US Bancshares, Inc. declared a cash dividend of $0.07 per share, payable on January 2, 2026, to shareholders of record by December 12, 2025, marking the forty-sixth consecutive quarter of dividends.

Company Overview: First US Bancshares, Inc. operates banking offices in Alabama, Tennessee, and Virginia through First US Bank and is publicly traded on the Nasdaq under the symbol "FUSB."

Forward-Looking Statements: The press release includes forward-looking statements that involve risks and uncertainties, with management not obligated to update these statements except as required by law.

Dividend Policy Considerations: The payment of dividends is at the discretion of the Board of Directors and may change based on the Company's financial conditions, earnings, and other relevant factors.

Earnings Decline: FIRST US BANCSHARES INC reported a profit of $1.94 million for the third quarter, down from $2.22 million the previous year.

Earnings Per Share: The earnings per share (EPS) decreased to $0.32 from $0.36 year-over-year.

Revenue Growth: The company's revenue increased by 1.7% to $15.28 million, compared to $15.02 million last year.

Financial Summary: Key financial figures include earnings of $1.94 million, EPS of $0.32, and revenue of $15.28 million for the quarter.

New Director Appointment: First US Bancshares, Inc. has elected Nathan Gordon as a director of the Company and its subsidiary, First US Bank, effective August 27, 2025.

Professional Background: Mr. Gordon holds an accounting degree and a Masters of Accountancy from Auburn University, and a Juris Doctorate from Cumberland School of Law. He is currently an attorney with over thirteen years of experience in various areas of corporate law.

Committee Involvement: He will serve on multiple committees including the Asset/Liability Committee, Retail, Operations, Compliance Committee, and the Information Technology Steering Committee of the Bank Board.

Community Engagement: In addition to his professional role, Mr. Gordon is actively involved in community organizations, notably serving on the board of directors for the Albert Schweitzer Fellowship in Birmingham, Alabama.